Are India’s English-speaking liberal elites about to face their most serious setback ever? With their public enemy No. 1, the opposition Bharatiya Janata Party’s Narendra Modi, poised to win national elections. But instead of feeling dejected, India’s liberals should be quietly satisfied. Even though they may not stop the Gujarat chief minister’s rise to national… Read More »
BHEL Buy above 187.5 Tgt 189.6,192 and195 SL 185 Sell below 183 Tgt 180.5,178 and 175 SL 185 Axis Bank Any close above 1508 stock is heading for short term target of 1542 and 1563 Buy above 1497 Tgt 1508,1520 and 1534 SL 1493 Sell below 1492 Tgt 4181,1467 and 1450 SL 1495 Hindalco Any… Read More »
Last Week we gave Chopad level of 12576 and Bank Nifty did all 3 target on upside.We have Inflation data coming tomorrow so bank nifty will be under traders radar. Lets analyze how to trade bank nifty coming week. Bank Nifty Hourly Bank Nifty hourly charts is sustaining above its 50 HSMA gives upperhand to… Read More »
Last Week we gave Chopad level of 6711, Nifty did 1 target on Downside and 2 on upside. Next week being a Holiday Shortened week, will start with Infosys result and WPI inflation data for March 2014 at 12 noon on 15 April and CPI inflation data for March 2014 also on 15 April at 17:00… Read More »
Volatility is known as a measure of change. A higher value of volatility indicates that prices can change at a faster pace (either going up or down) as compared to the immediate past. Traders are often looking for new strategies to trade a major event, say a Election Results or Union budget or credit policy… Read More »
The India Volatility Index (VIX) has gained 28 percent in the last four sessions. Normally, this would have meant the market had declined during this period. That is because the movements in VIX and the market are inversely co-related, more often than not. But this time around, the Nifty has risen alongside VIX, gaining 3… Read More »
The vast majority of traders are gamblers, maybe the majority of market participants are in fact gamblers. The traders that are gamblers trade with no plan and without understanding the odds are stacked against them. Whether it is buying far out of the money options with no method for profitability or randomly chasing stocks on… Read More »
FII’s sold 10381 contract of Index Futures worth 355 cores (10.9 K longs were squared off and 556 shorts were squared off Index Future) with net OI decreasing by 11.4 K contracts. So today’s FII’s have started exiting longs. Nifty again hit a new life high but was unable to sustain gains at higher level and… Read More »
For years people have swarmed to the Futures markets, hoping to find the holy grail trading system and to get rich overnight. If you really believe there is such a thing as the holy grail trading system, then why don’t more people quit their day jobs in search of this elusive creature? Part of the… Read More »
Larsen Buy above 1300 Tgt 1312,1326 and 1340 SL 1295 Sell below 1292 Tgt 1281,1264 and 1250 SL 1298 CESC Buy above 518 Tgt 523,529 and 535 SL 516.5 Sell below 511 Tgt 505,500 and 495 SL 513 Syndicate Bank Any close above 103 stock is heading towards 111 Buy above 102.5… Read More »